The big shock is starting, looking for opportunities, market analysis on 1.12, BTH, ETH, OMG and LRC︱Baked Star Selection

特邀专栏作者

2021-01-12 19:29 (UTC+8)

This article is about 1189 words, reading the full article takes about 2 minutes

The rapid increase in computing power may not necessarily promote the rise of currency prices. The commissioning of a large number of mining machines will increase the selling pressure of Bitcoin, but instead increase the risk of price decline.

AI Summary

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BTC

Current Price: $35,450

Risk factor: Medium to above bearish

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ETH

Current Price: $1122

Risk Index: Moderately Bearish

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OMG

Current price: $3.14

Risk factor: medium short-term (1-3 days) bearish and long-term bullish

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LRC

Current price: 0.31

Risk Factor: Moderate, bullish.

We can see that in today's rebounding market, LRC conducted a round of price testing above, at $0.376. Looking at its trading volume, whether it is looking at 4H or during the stress test, LRC's trading volume has remained very low. s level,

Under the influence of Ethereum’s ETH secondary expansion plan, it only takes a very low fee to exchange LRC into ETH through the LRC exchange. LRC once rose by 170% in three days. Investors’ confidence in LRC has greatly increased, and it can be circulated in the market. In the future, the trend of LRC may start a new round of market with the emergence of good news.

Note: Affected by the news of BM's resignation, the possibility of EOS hype has become lower. In the short term, EOS has no chance. Therefore, the EOS market analysis is temporarily suspended. The author will look for new potential currencies.